997 Turbo Values Tanked?

While there’s only a few 997 turbos for sale in the US under $58,000 (most on the west coast), looks like big dealers just slashed their prices. A month ago 997 TTs with 65k-80k mileage were listed for $55-58,000. Now they’re listed in the low $50k’s. What happened?

While there’s only a few 997 turbos for sale in the US under $58,000 (most on the west coast), looks like big dealers just slashed their prices. A month ago 997 TTs with 65k-80k mileage were listed for $55-58,000. Now they’re listed in the low $50k’s. What happened?

nice spreadsheet Tom - I feel like the Tips can be had in the mid high 50s for nice cars and haven't climbed as much manuals for sure. Too bad they don't list actual selling prices as I bet those are 5k less on average.

So does anyone know why tiptronics took a 10–15% drop in value in past 30 days? Is it just big dealers trying to dump inventory? Or are the new lower prices what they’re now worth? I’m also trying to understand the logic why the 996tt is going up in value and the 997tt seems to be dropping. The 997tt staid steady or creeping up in value for past few years. I’m specifically referring to tiptronic here. Thanks

tip values haven't changed much in my filters of 20-40k miles since last January, which is the sweet spot for these cars. Don't be thrown off by 1 or 2 cars that are way below market value, due to some backstory or history

I'll set a phone reminder to check things again next january. I'm sure seasonality plays a factor. Dollar mileage thing has been corrected, thanks for the heads up.

So does anyone know why tiptronics took a 10–15% drop in value in past 30 days? Is it just big dealers trying to dump inventory? Or are the new lower prices what they’re now worth? I’m also trying to understand the logic why the 996tt is going up in value and the 997tt seems to be dropping. The 997tt staid steady or creeping up in value for past few years. I’m specifically referring to tiptronic here. Thanks

did you look at my spreadsheet? there's no 10-15% drop compared to January. I doubt they went up by 10-15% and then back down in 1 month